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International Business Times
International Business Times
Business
AFP News

Nasdaq, S&P 500 Close At Record Highs Amid AI Enthusiasm

Wall Street stocks rallied to fresh records Monday behind enthusiasm over artificial intelligence, while European markets bounced despite political uncertainty in France.

Both the tech-rich Nasdaq and the broad-based S&P 500 pushed to all-time closing highs.

"It's not a broad rally but it's a rally with the index up for sure," said Art Hogan of B. Riley Wealth Management, who pointed to the recent share price gains of Apple, Microsoft and Nvidia as a source of momentum.

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